Oil Prices Continue to Drop Despite Middle East War

Len Berman and Michael Riedel talked with Ron Insana, host of the Market Scoreboard about oil prices during the war in the Middle East. Ron said, "The price of oil has stayed relatively low because the conflict hasn't expanded to include world superpowers who can stop the oil supply lines." Insana added, "The United States hasn't seen oil prices affect the economy since the Vietnam War." Oil prices have dropped 80 cents a gallon since the end of September.

Photo Credit: Getty Images


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